TNCs: BP
- Created by: Brad_ers_B
- Created on: 11-05-14 16:05
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- BP
- About BP
- Largest UK-owned TNC
- Nearly 100,000 employees operating in more than 100 countries across 6 continents
- 2006 annual income was $26,172 million
- Exploration and production
- 2005 showed BPs reserves of oil and gas equivalent stood at 18.3 billion barrels of oil
- Involves geologists employing seismology to detect presence of oil or gas
- Angola, Azerbaijan, the gulf of mexico
- One importatnt oil pipeline which has a 30% stake is from Azerbaijan to the Med coast of Turkey
- Has a fleet of crude oil tankers, product tankers and LNG carriers
- Over 100 operational vessels crewed by around 1,000 seafarers and 400 onshore staff
- Refining and marketing
- Oil heated to varying temps to extract petroleum gas, gasoline, kerosene and other energy sources
- 17 refineries worldwide processing capacity of 2.8 million barrels of oil a day
- 5 in USA, 7 in Europe rest spread global
- BP Fuel sold under brand names including ARCO, Castrol, Amoco, Aral and BP
- About BP
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